Amundi plans to sell new shares up to €2 billion to pay for the purchase of Pioneer Investments. Daily Mail plans to reduce its stake to 49% in Euromoney. Electrolux jumped on outlook. Gemalto agreed to buy the U.S.-based 3M’s identity-management business. Sumitomo to buy Fyffes for €751 million.

“Many ESG funds are guided by a strong social or moral agenda. Though we take a stance on several social issues that are a net negative to society, we view financial performance as critical. Therefore, we primarily incorporate the ESG factors that enhance our own performance.”

“We seek to generate attractive, sustainable, low-volatility returns over the long term while emphasizing and minimizing downside portfolio risk. We focus on excellent companies across all market caps and trading at attractive prices, not beaten-up companies.”

“We manage for absolute returns for our clients, not relative returns to a broader stock market, and we believe that a double-digit return is a realistic expectation over long periods of time. Therefore, everything we do is guided by a margin of safety.”

“Specifically, our size permits us to better express our views at the security level in our portfolio. We seek to pick not only the best names, but also the best securities, and therefore take greater idiosyncratic risk versus broad market risk.”

“The fund seeks to generate return through income and potential capital appreciation. It is widely diversified across a global opportunity set, and we use active tactical allocation among global debt instruments.”